Has anyone read this book? I got a Kindle for Christmas and this was the first book I downloaded to it (well, that is besides a sample of "The Histories by Herodotus" ). Anyway, now that I have reached one of the milestones for my company's pension plan - 55 years of age and at least 10 years of continuous employment - I am now starting to investigate how to invest in retirement.
I thought the book was a good overview of evaluating your finances for retiring and then how to invest when you retire. But what I really found interesting was his recommendations on how to withdraw the money saved for retirement that you might have in various savings accounts (for me, that is my 401(k)) - especially the tax implications. While one might question/disagree/debate some of his recommendations (like the use of SPIAs and seeking help from professionals), I thought he did a good job of laying out the pros and cons of their use.
Perhaps the most benefit I derived from the book (besides how short it is - 100 pages) was now I have a better understanding of what it will take to retire, and the areas I need to learn more about. In fact, after finishing this book I immediately downloaded "The Boogleheads' Guide to Retirement Planning" to my Kindle - one of the books Piper recommends for further insight into this subject.
I also downloaded Jim Otar's book "Unveiling the Retirement Myth" when it was available for free earlier this year. I just need to see if I can now load it onto my Kindle from my PC.
I thought the book was a good overview of evaluating your finances for retiring and then how to invest when you retire. But what I really found interesting was his recommendations on how to withdraw the money saved for retirement that you might have in various savings accounts (for me, that is my 401(k)) - especially the tax implications. While one might question/disagree/debate some of his recommendations (like the use of SPIAs and seeking help from professionals), I thought he did a good job of laying out the pros and cons of their use.
Perhaps the most benefit I derived from the book (besides how short it is - 100 pages) was now I have a better understanding of what it will take to retire, and the areas I need to learn more about. In fact, after finishing this book I immediately downloaded "The Boogleheads' Guide to Retirement Planning" to my Kindle - one of the books Piper recommends for further insight into this subject.
I also downloaded Jim Otar's book "Unveiling the Retirement Myth" when it was available for free earlier this year. I just need to see if I can now load it onto my Kindle from my PC.